FLOKI Don Soar for Valhalla: Price Jump, Volume Don Quadruple
FLOKI don jump 25% for 24 hours as trading volume quadruple reach $824 million. Dis rally follow the launch of e Valhalla play-to-earn game for opBNB, wey process over 1 million transactions and mint 125,000 NFT dem inside two weeks. FLOKI market cap jump $510 million reach $1.14 billion. Technically, di token break key resistance for $0.000110, overcome falling wedge pattern and diagonal trend line.
Analysts still dey bullish despite say FLOKI dey trade 62% below e all-time high. The project also secure first MiCAR-compliant white paper wey ESMA approve, wey fit open legal trading status across EU platforms and add real utility pass meme hype.
Broader memecoin sector gain $18 billion for July. Top tokens like DOGE, SHIB and PEPE record better gains. Dis renewed momentum show sey trading environment fine for FLOKI and other similar assets.
Bullish
Di kombain data show say FLOKI dey get strong bullish trend. For short term, di 25% price surge plus di four times increase for trading volume dey signal say traders interest and momentum high. Technical breakouts wey cross key resistance levels for $0.000110, falling wedge pattern plus diagonal trend line dem still confirm sey demand dey grow fast. For long term, institutional credibility wey dem gain from MiCAR compliant white paper plus growing utility through Valhalla play-to-earn game dey support steady growth. Di bigger memecoin sector gain of $18 billion for July still ginger positive market feeling, dey suggest say FLOKI get more upside.